808 X-Ray Logistics goes into administration, owing over £700,000

Heathrow-based haulier and warehousing company 808 X-Ray Logistics has gone into administration after it incurred debts of over £700,000.

The firm, which specialised in air and sea freight container handling, described itself as a provider of third party transport for freight forwarding companies. It ran two vehicles and four trailers out of a site on the Heathrow Estate.

It appointed joint administrators Daniel and Simon Plant, both of SFP Group, on 11 January following cash flow difficulties.

Despite having an annual turnover of £1.4m, administrator Simon Plant said the firm was not able to avoid going into administration. The £700,000 debt included an undisclosed sum owed to HMRC.

Simon Plant said: “808 X-Ray Logistics has run into cash flow difficulties. Following discussions with a number of interested parties, we have achieved a sale of the tangible assets and part of the business to a third party.”